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July 1, 2025

Bitcoin Faces Volatility as Political Drama Unfolds: Trump and Musk Feud

Bitcoin’s value has slightly dropped this week, accompanied by political turmoil in the U.S. President Trump has sparked controversy by threatening to send Elon Musk back to South Africa. This feud comes after Trump once praised Musk as a remarkable figure. The unfolding drama has contributed to market volatility, keeping Bitcoin investors on edge. As the political landscape shifts, the currency faces the impacts of outside influences. Observing how such events affect investor sentiment will be key in the coming days. Will Bitcoin weather this storm, or could it plunge further?

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